Unsecured Business Loan for Doctors in India

Doctors need to keep upgrading their instruments, devices and machines to offer the best possible diagnosis and treatment to their patients all the time and that’s the reason why they need a business loan very often. Considering the same, Banks and Non-Banking Financial corporations (NBFCs) in India offers specially designed and customised unsecured business loans to doctors without any collateral and only on the basis of their financial statements.

Features and Benefits of Unsecured Business Loans for Doctors

Quick loan for doctors

Loan approval and disbursement in 3 to 10 days

BL without any collateral or security

Loan amount from Rs. 3 lacs to Rs. 1 crore

BL tenure from 12 to 60 months

Rate of interest starts from 13%

One time processing fee of 2-3% on the loan amount

Offline doorstep advisory service from an iServefinancial relationship manager

Doctors Special Loan Offer from iServefinancial

Type of Loans

Business Loan For Doctors

Personal Loan For Doctors

Property purchase loan For Doctors

Home Loan for Doctors

Loan Against Property for Doctors

Instrument Loan For Doctors

Lowest Rate of Interest for Doctors

10.8 %

1.5 %

9.5 %

8.35 %

9.5 %

Depend on Case to Case Basis

Lowest Processing Fees for Doctors

1.8 % on Loan Amount

1% - 2% on Loan Amount

0.25% - 0.5% on Loan Amount

Rs. 5000 - 2% on Loan Amount

0.25% - 0.5% on Loan Amount

Depend on Case to Case Basis

Lowest EMI for Doctors

Rs. 2275.31

Rs. 2275.31

Rs. 1044.22

Rs. 858.35

Rs. 1044.22

Depend on Case to Case Basis

Business Loan for doctors end use or purpose

Purchasing instruments and equipment

Buying or constructing clinics and hospitals

Others

Credit Information Score (CIBIL Score) Required

Self-employed practising doctors

Post education minimum 3 years of practicing experience

Professionally qualified Doctors who own clinics, nursing homes, or hospitals

Latest 12 months’ bank statement of all your current and saving accounts.

Sanction letter of all running loans with the repayment track.

Closure letter of all the loans closed during last 12 months.

Loans for Doctors

If you are a doctor and have a requirement for loans, then you have reached the right platform. We enable doctors to search, compare and apply for all type of loans with a special rate of interest. Including the list as mentioned below

Doctors Business loan - offered to self-employed practising doctors.

Doctors Personal Loans - for salaried doctors.

Property purchase loan for doctors - given for purchasing a property for clinic, hospital, and nursing home.